COM-Central Compliance

Divisional Overview:

Powai L&C in NSIPL broadly covers the areas of Legal and Compliance is responsible for building a robust risk and control framework in Nomura. Powai Legal comprises of the Corporate Legal and Transaction Legal functions, which provide advice and support on corporate, employment and transactional matters. The Offshore Legal team supports global teams on corporate and secretarial matters, Global Markets, and Masters documentation related requirements. Powai Compliance comprises of functions such as Core Compliance, Trade Surveillance, Electronic Communication Surveillance, Financial Crime Compliance, Control Room & Disclosure Monitoring and Central Compliance. The teams provide advisory and operations support to global Compliance teams driven by global / regional policies and regulatory expectations.

Business Overview:

Powai FCC plays a crucial role in safeguarding Nomura against financial crime risks on a risk-based approach by providing centralized global financial crime compliance (GFCC) services and offshoring support across 4 risk pillars – Anti-Money Laundering (AML) Advisory, AML Monitoring, Sanctions, and Anti-Bribery & Corruption (ABC) and 2 support offices – Governance & Strategy, Technology & Intelligence. Powai FCC works closely with global and regional FCC teams, as well as with relevant IT and Operations stakeholders, to safeguard the firm’s sustainable growth by enabling a balanced risk mitigation approach and enhancing operational excellence through a globalized Financial Crime Compliance operating model with standardized policies and robust control framework powered by advanced technology capabilities.

What We Offer:

- We support employee wellbeing by ensuring a sense of purpose and belonging.

- We offer a comprehensive range of wellbeing services which allows employees to get access to the assistance they need at any point in their wellbeing journey.

- Our bespoke benefits support employees and their family’s holistic wellbeing and are inclusive of diverse identities and family structures.

Position Specifications:

Corporate Title

Vice President (VP)

Functional Title

Vice President (VP)

Experience

12+ years of experience in financial services with at least 8 years in FCC-related roles

Qualification

Bachelor’s degree in Business, Accountancy, Law, Risk Management or related field; CAMS (Certified Anti-Money Laundering Specialist) certification desirable

Requisition No.

14916

Role & Responsibilities:

The position reports directly to the Head of Powai FCC, based in Powai, with a matrix reporting line to the Global Lead of Governance & Strategy Office, based in Singapore.

Key responsibilities include:

Governance Framework Development & Maintenance

- Lead the design and implementation of comprehensive governance and control frameworks across AML Advisory, AML Monitoring, Sanctions and ABC, including policies, standards and strategic direction

- Develop enterprise-level risk-focused MI reports, conduct advanced risk assessments and analyses with strategic recommendations for senior leadership

- Direct audit and regulatory examination preparedness reviews, including comprehensive gap assessments, remediation strategies and senior stakeholder engagement

- Establish, enhance and provide strategic oversight of robust FCC training programs globally, ensuring alignment with regulatory developments

- Represent Powai FCC in global governance forums and drive policy enhancements across the organization

Centre of Excellence Establishment & Optimization

- Lead the strategic transition from regional structure to global service-level deployment, including change management and transformation roadmap

- Build, scale and optimize centralized global capabilities for the following GFCC services with a focus on continuous improvement and innovation:

Oversee the strategic development and maintenance of various internal lists and risk/control registers

- Provide strategic oversight and quality assurance framework for L1 reviews of transaction monitoring alerts

- Direct the framework for initial assessment of L1 escalations of name screening and payment filtering alerts by Operations

- Establish governance standards for due diligence checks and documentation for gifts and entertainment, vendor management, corporate events, sponsorships, and donations

- Lead strategic participation in UATs and provide senior-level reviews of key FCC monitoring systems implementations

- Drive and sponsor various strategic ad-hoc projects and transformation initiatives

- Manage senior stakeholder relationships across global regions and influence decision-making at executive level

- Mentor and develop team capabilities, building succession planning and organizational capability

Mind Set:

Mandatory

Desired

Domain

- Outstanding stakeholder management and communication skills to engage effectively across regions and time zones

- Change management mindset with adaptability to support transformation initiatives

- Self-motivated with strong ownership, attention to detail, and commitment to quality

- Strong understanding of AML, Sanctions and ABC legislations and principles; Good understanding of Global Markets, Investment Banking, Wealth Management business models

- CAMS (Certified Anti-Money Laundering Specialist) certification

- Understanding of data quality controls and data governance principles

- Ability to analyse complex financial transactions and identify suspicious activity patterns

Technical

- Experience in using enterprise-level alert monitoring systems and case management tools; Experience in MI development and design,

- Experience supporting audit, regulatory examinations, or risk assessment processes

Nomura Leadership Behaviours:

Leadership
Behaviours

Description

Element

Exploring Insights & Vision

Comprehensively analyse the nature
of the problems we face and set our
focus toward the future vision

- Gather Intelligence

- Create a vision

- Identify an issue

Making Strategic Decisions

Analyse options and feasibility to resolve issues, in making
judgments and recommendations

- Identify countermeasures

- Assess feasibility

- Make a judgment

Inspiring Entrepreneurship in People

Promotes the vision and goals to others in such a way that inspires commitment and independent contributions

- Influence

- Inspire

- Commit

Elevating Organizational Capacity

Maximize organizational productivity through leadership development and
engagement

- Have an ownership in own development

- Support other‘s growth

- Encourage organizational growth

Inclusion

Respect diverse perspectives and
promote psychological safety
and the creation of a risk culture

- Foster psychological
safety

- Encourage the active
participation of all talent

- Foster a risk culture

We are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees. We prohibit discrimination in the workplace whether on grounds of gender, marital or domestic partnership status, pregnancy, carer’s responsibilities, sexual orientation, gender identity, gender expression, race, color, national or ethnic origins, religious belief, disability or age.

*Applying for this role does not amount to a job offer or create an obligation on Nomura to provide a job offer. The expression "Nomura" refers to Nomura Services India Private Limited together with its affiliates.

*The benefits are subject to change and will be in accordance with Company’s policies as may be applicable from time to time).